Author(s):
Prachi Singh, Shilpi Gupta, Komal Sahu
Email(s):
prachi.rajeev@gmail.com , shilpi.sg29@gmail.com , komalsahu68@yahoo.com
DOI:
Not Available
Address:
Dr. Prachi Singh1, Ms. Shilpi Gupta2, Komal Sahu3
1HOD, MBA, KITE, Raipur
2Asst. Prof., MATS University, Raipur
3Student, MBA, KITE, Raipur
*Corresponding Author
Published In:
Volume - 5,
Issue - 2,
Year - 2014
ABSTRACT:
In today’s global economy, companies must continually invest in human capital. In the role of business partner, HR leaders work closely with senior management to attract, hire, develop and retain talent. Yet the skills shortage presents both socio-economic and cultural challenges as talent crosses borders. Thus, in view of workforce trends such as shifting demographics, global supply chains, the aging workforce and increasing global mobility, forward-looking organizations must rethink their approach to talent management to best harness talent. By doing so, they will be positively positioned to succeed in a highly competitive marketplace. In addition, organizational culture, employee engagement and leadership development have a significant impact on talent retention. Taking these factors into consideration, an integrated approach to talent management offers a pathway toward sustaining outstanding business results. Despite a significant degree of academic and practitioner interest the topic of talent management remains underdeveloped. A key limitation is the fact that talent management lacks a consistent definition and clear conceptual boundaries. The specific contribution of the current paper is in developing a clear and concise definition of strategic talent management.
Cite this article:
Prachi Singh, Shilpi Gupta, Komal Sahu. An Overview of Talent Management: Driver for Organizational Success. Asian J. Management 5(2): April-June, 2014 page 240-245
Cite(Electronic):
Prachi Singh, Shilpi Gupta, Komal Sahu. An Overview of Talent Management: Driver for Organizational Success. Asian J. Management 5(2): April-June, 2014 page 240-245 Available on: https://ajmjournal.com/AbstractView.aspx?PID=2014-5-2-30